Our system posted
BUY CONFIRMED
.
The
previous
SELL
recommendation that
was confirmed was made on
10.30.2009
(21)
days
ago, when
the stock price was
4.7000
. Since then
HW
has gained
6.38%
.
BUY-IF
is confirmed by
a white candlestick with a higher open. The
confirmation price is taken as this week's open
(
4.6500
) according to Rules
of Confirmation.
Patience pays off. The market wavered a week but finally confirmed the recent bullish formation. The dose of the previous week was not enough for a BUY-IF confirmation but this week it is. The week opened with a gap up and the price activity resulted in a close higher than the open. This is a valid confirmation criterion. The market is now ready for a bullish move.
The significant failure of the previous SELL signal is unfortunately confirmed too. Our shot went away this time. It is not possible to deal with all the vagaries of the stock market. The signal system, however, continues to do an excellent job in the overall despite such failures. A quick glance to history table is the proof of this fact.
We hope that you bought this stock and still have the chance to profit from the later phase of the bullish attack. You should watch the upward gap in the beginning of the week, closely monitor the current confirmation status posted daily, feel the bullish tendency of the market making sure that prices stay over the opening price and then go long. Your benchmark was the opening price of the upward gap.
If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are relatively on safe grounds as long as the future prices continue to trade above the benchmark price. What to do if you did not buy? Maybe, you did not have time to follow the sessions during the week or you simply delegated the delicate job of confirmation to us. Well it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions and still profit in case of a sustained bullish move.
The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any. We erred significantly on the short side last time, but we are sure that you may be easily cover your losses (if any) by basing your future trades on our signal system.
